The euro zone debt crisis will continue to dominate European stocks in 2012, with even well-run companies in danger of being sucked into the morass, according to S&P Capital IQ.
Fixed-income investors are once again looking sage-like, as the latest eruption in the EU crisis ravages equities. Two of these funds are up more than 7 percent.
China is rolling out sweeping brokerage reforms to nurture future global investment banks that officials hope could eventually compete with the likes of Goldman Sachs and Morgan Stanley, a regulatory document showed.
Tuesday, 22 May 2012 | Posted By:
| Source: CNBC.com
Allowing high-frequency computer traders into the stock market is like letting “rats in the granary,” Warren Buffett’s right-hand man said in an exclusive CNBC interview.
Tuesday, 22 May 2012 | Posted By:
| Source: CNBC.com
JPMorgan Chase is one of the best banks in the U.S., with some of the best managers in the industry, and one trading error will not change that, Richard Bove, vice president of equity research, financial sector, at Rochdale Securities, told CNBC’s “Worldwide Exchange.”
Saturday, 19 May 2012 | Source: The New York Times
Trans-Atlantic tension in JPMorgan Chase’s chief investment office in 2010 and 2011 contributed to the unit’s giant losing trades in 2012, current and former bankers said, The New York Times reports.
Friday, 18 May 2012 | Source: Christian Science Monitor
Average U.S. rates for 30-year and 15-year fixed mortgages fell to record lows for the third straight week. The steady decline has made home-buying and refinancing more affordable than ever for those who can qualify. The Christian Science Monitor reports.
Vulture capitalism: After every crisis, we learn how crafty investors cashed in while the rest of us gnawed our cuticles. Here's how you can join the lucky ones.
Investors, who have not been spooked by Facebook’s tumultuous market debut, will be able to get exposure to the social networking giant through an exchange-traded fund starting Friday.... Read More